Mastercard Incorporated (MA): A Technical View


As of Friday close, Mastercard Incorporated’s (NYSE:MA) stock was up $1.66, moving up 0.48 percent to $349.66. The average number of shares traded per day over the past five days has been 4,399,860 shares. 2 times new highs have been achieved over the past 5 days, with a $2.55 gain in that time frame. In the last twenty days, the average volume was 2,841,455, while in the previous 50 days, it was 2,907,744.

Since last month, MA stock retreated -5.41%. Shares of the company fell to $340.21 on 03/13/23, the lowest level in the past month. A 52-week high of $390.00 was reached on 01/24/23 after having rallying from a 52-week low of $276.87. Since the beginning of this year, MA’s stock price has risen by 0.56% or $1.93, and marked a new high 9 times. However, the stock has declined by -10.34% since its 52-week high.

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MA stock investors should be aware that Mastercard Incorporated (MA) stock had its last reported insider trading activity 19 days ago on Feb 27. Ling Hai, the Co-President, Intl Markets of the company, disposed of 8,220 shares for $356.31 on Feb 27. It resulted in a $2,928,873 divestment by the insider. Mastercard Foundation sold 172,546 shares at an average price of $370.54 on Feb 14. The insider now owns 100,563,093 shares following the transaction. On Feb 13, 10% Owner Mastercard Foundation sold 172,548 shares at $369.63 apiece. The transaction was valued at $63,778,417.

Valuation Metrics

Right now, Mastercard Incorporated (MA) has a P/E ratio of about 34.20. The stock’s beta is 1.11. Besides these, the trailing price-to-sales (P/S) ratio of 15.31, the price-to-book (PB) ratio of 53.22, and the price-to-cash flow ratio of 38.46 may also be considered.

The latest dividend of $0.57 per share was paid out, remained unchanged from last year’s $0.57.

Financial Health

In the three months ended December 30, Mastercard Incorporated’s quick ratio stood at 1.20, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending December 30 was 2.18, and the total debt-to-equity ratio was 2.23. In the year ended December 30, operating margins totaled 55.20%. Based on annual data, MA earned $9.97 billion in gross profit and brought in $22.24 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 51.50%. Return on equity (ROE) for the past 12 months was 153.60%.

In Mastercard Incorporated’s quarter-end financial report for December 30, it reported total debt of $13.75 billion against cash and short-term investments of $1.57 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. MA’s revenue rose 10.33% to $5.76 billion during the quarter, while net income inched up to $5.82 billion. While analysts expected Mastercard Incorporated to report $2.58 quarterly earnings, the actual figure was $2.65 per share, beating the consensus estimate by 2.70%. During the quarter, the company generated $3.76 billion in EBITDA. The liabilities of Mastercard Incorporated were 32.37 billion at the end of its most recent quarter ended December 30, and its total debt was $14.02 billion. The value of shareholders’ equity is $953.24 million.

Technical Picture

This quick technical analysis looks at Mastercard Incorporated’s (MA) price momentum. With a historical volatility rate of 20.12%, the RSI 9-day stood at 41.58% on 17 March.

With respect to its five-day moving average, the current Mastercard Incorporated price is up by +0.73% percent or $2.55. At present, MA shares trade -4.87% below its 20-day simple moving average and +15.64% percent above its 100-day simple moving average. However, the stock is currently trading approximately -1.55% below its SMA50 and -2.29% below its SMA200.

Stochastic coefficient K was 28.92% and Stochastic coefficient D was 30.09%, while ATR was 7.66. Given the Stochastic reading of 32.65% for the 14-day period, the RSI (14) reading has been calculated as 41.70%. As of today, the MACD Oscillator reading stands at -2.95, while the 14-day reading stands at -5.46.

Analyst Ratings

KeyBanc Capital Markets upgraded its rating on Mastercard Incorporated (NYSE: MA) to an Overweight in a note to investors on January 09, 2023. The analysts firm previously had a Sector weight rating on the stock.Mastercard Incorporated (MA) has been rated Buy by analysts. According to 0 brokerage firms, MA is a sell, and 5 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 6 analysts rate Mastercard Incorporated stock as buy, with 28 recommending it as overweight.

With a median target price of $430.00, the current consensus forecast for the stock is $360.00 – $455.87. Based on these forecasts, analysts predict Mastercard Incorporated (MA) will achieve an average price target of $425.94.


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